Page 11 - Book Touch News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Lot of movement there. Oil still in many ways, im going to say it, key to the market. Yes, yes. He agrees. Totally true. Im glad i i wasnt sure you would agree. There we are. Crude at 76, brent around 80. Big meeting this week. Big meeting this week as well. Our road map this morning and it starts with markets. S p looking to its 46th, 46th record close this year. The dow looking for its 29th. The nasdaq looks about 7 off an alltime closing high from march 2000. Yeah, i remember that. Gas prices fall fog fouryear low. Opec preparing to meet this week. Raymond james weighs in on chevron, exxon,...

Stories this morning. Deal news dominating this morning. Valeant ends the buyout deal for allergan. They made an unsolicited deal last spring. It looks like the soap opera could end, 210 is more than they expected. Hackman and valeant are going to share the profits that ackman has reportedly made with the stock at 40 . This is a winwin situation because of the way he structured this. But valeant shareholders effectively split the profits with ackman. With the purchase there. Thats pretty interesting. We will see what they can do. I think that 210 is sort of a knockout blow. But because the exp...

Hearing from gap stores while we take a look at the markets in the meantime. The futures are indicated lower. Dow futures down by 62 points below fair value. S p futures off by seven. The nasdaq down by 17. What was happening in asia overnight . Youll see the nikkei cloez closed up slightly, and i mean ever so slightly. These are barely budging for both the hang seng and the shanghai, as well. In europe, youll see some red arrows, coming on the news that some of the pmi numbers were weaker than expected when you look at europe. All week long, the european markets have been moving higher, but t...

Inflation expectations have fallen to levels which seem to be fashionably low. I guess the market is poking on the dovish side of that saying or reiterating that they have to be super careful that Inflation Expectations are not the ankle rate. Inflation expectations would equal monetary tightening, i. E. , would harm the fragile economic recovery. Also, that he was referring to the recent data from yesterday that the pmi levels are showing that a stronger recovery is rather unlikely in the coming months. It was probably back in the view of the doves in the markets. We are seeing that directly ...

Straight weeks for all the stat keepers back at hq. Crude oil plummeting on opecs decision to stand pat on output quotas. Oil stocks taking a hit on that news. We saw a low of 67 on wti. Brent well alove that back to 73. You can see airlines, the reverse story. Very positive moves there given thats one of their key cost inputs. It is coming down. Our road map starts with black friday. Stores and online. Well have live reports from across the country this morning with retails winners and losers. Is this a new era for Energy Prices . Oil plunges as opec fails to agree on production cuts. What it...